Dive into Rihanna’s Financial Triumph: Net Worth 2023

Net Worth :- $1.7 Billion Salary :- $70 Million Per Year Born :- Robyn Rihanna Fenty Date of Birth :- Feb 20, 1988 Age :- 35 years old Place of Birth :- Saint Michael Parish Gender :- Female Height:- 5 ft 8 in (1.73 m) Profession :- Singer, songwriter, actress, businesswoman Nationality :- Barbados

What is Rihanna’s Net Worth?

Rihanna, a singer, songwriter, actress, and entrepreneur hailing from Barbados, possesses a staggering net worth of $1.7 billion. This remarkable figure solidifies her position as the wealthiest female musician globally. Renowned for her immense popularity and commercial success, Rihanna stands as one of the most prominent music artists in the world today. A significant portion of her net worth can be attributed to the value of her Fenty Beauty Line, a partnership with the esteemed luxury goods company LVMH. This brand alone generates revenue exceeding $100 million. Notably, Rihanna holds a 50% ownership stake in the partnership, with the brand’s value estimated at $2-3 billion. Additionally, she possesses a 30% ownership stake in Savage X Fenty, a lingerie brand currently valued at approximately $1 billion.

Annually, Rihanna’s expanding empire yields earnings ranging from $40 to $80 million. For instance, between June 2018 and June 2019, she amassed a staggering $65 million. Similarly, between June 2019 and June 2020, her earnings amounted to $45 million.

Rihanna’s rise to stardom commenced in 2005 with the release of her debut album, “Music of the Sun.” Since then, her career has been a whirlwind of tours, awards ceremonies, talk show and red carpet appearances, acting endeavors, and fashion ventures. To date, she has sold an impressive 60 million albums and 120 million singles, solidifying her status as the best-selling digital musician of all time. Notably, she holds the distinction of being the youngest solo artist to achieve 12 #1 singles on the Billboard charts and has garnered numerous prestigious awards throughout her illustrious career.

Key Facts

• Is the wealthiest female musician in the world
• Owns 50% of Fenty Beauty
• Fenty Beauty is worth an estimated $1.5 billion
• Rihanna owns 30% of Savage x Fenty lingerie
• Savage x Fenty is worth $1 billion
• Has over 250 million followers on Twitter and Instagram

Early Life Rihanna

Robyn Rihanna Fenty was born on February 20, 1988 in Saint Michael, Barbados. Her heritage includes Afro-Barbadian, Afro-Guyanese, and Irish roots. Growing up in a tumultuous household marked by her father’s struggles with alcoholism and crack cocaine addiction, she found solace in music. Following her discovery in Barbados by American record producer Evan Rogers, she embarked on a journey to the United States. There, she recorded demos and eventually signed with Syndicated Rhythm Productions, a production company co-founded by Rogers and Carl Sturken.

Music Career

After catching the attention of rapper Sean Carter, also known as Jay-Z, who was then the CEO of Def Jam Records, Rihanna was extended an invitation to audition for him. In 2004, she swiftly secured a record deal for six albums.

Collaborating with a team of producers, including Jay-Z himself, Rihanna embarked on her debut studio album, “Music of the Sun” (August 2005). This was promptly followed by “A Girl like Me” (April 2006), which became Rihanna’s first album to achieve platinum certification from the RIAA. The 2007 release, “Good Girl Gone Bad,” garnered positive critical acclaim, with its lead single “Umbrella” selling over 8 million copies worldwide and earning Rihanna a Grammy Award in 2008 for Best Rap/Sung Collaboration alongside Jay-Z.

Her subsequent album releases encompassed “Rated R” (2009), “Loud” (2010), “Talk That Talk” (2011), “Unapologetic” (2012), and “Anti” (2016). Noteworthy collaborations include “Run This Town” (2009) with Jay-Z and Kanye West, “Love the Way You Lie” (2010) with Eminem, “Princess of China” (2012) with Coldplay, “Take Care” (2012) with Drake, and “This Is What You Came For” (2016) with Calvin Harris.

In October 2022, Rihanna unveiled “Lift Me Up” from the “Black Panther: Wakanda Forever” soundtrack, marking her first solo musical release since 2016’s “Anti.” Furthermore, in February 2023, she headlined the Super Bowl LVII halftime show, which subsequently became the most-watched halftime show in history.

Rihanna Awards

Throughout her professional journey, Rihanna has been honored with a plethora of accolades, comprising 9 Grammy Awards, 12 Billboard Music Awards, 13 American Music Awards, and 8 People’s Choice Awards, among several others. Additionally, she has secured six Guinness World Records.

Rihanna has established herself as one of the most accomplished musicians in history, with a multitude of prestigious awards to her name. Over the course of her career, she has garnered an impressive collection of accolades, including nine Grammy Awards, twelve Billboard Music Awards, thirteen American Music Awards, eight People’s Choice Awards, and six Guinness World Records. Notably, Rihanna stands alone as the sole artist to have achieved the feat of topping the Billboard Hot 100 chart in every year of the 2010s.

To delve into the specifics of her major awards, Rihanna’s Grammy wins encompass a range of categories. These include Best Pop Collaboration with Vocals for her hit “Umbrella” in 2007, Best Urban Contemporary Album for “Anti” in 2016, and Best Pop Vocal Album for “Loud” in 2011.

In the realm of the Billboard Music Awards, Rihanna’s triumphs span various categories as well. She has been honored as the Top Billboard 200 Artist in 2012, Top Digital Songs Artist in 2011, 2012, 2014, and 2016, and Top Female Artist in 2013 and 2017.

The American Music Awards have also recognized Rihanna’s exceptional talent, with thirteen wins to her credit. These include Favorite Female Artist – Soul/R&B in 2012, 2013, 2016, and 2018, Favorite Pop/Rock Female Artist in 2017 and 2018, and Artist of the Year in 2014.

Rihanna’s achievements extend to the People’s Choice Awards, where she has secured eight victories. Notable among these are Favorite Female Artist in 2015 and 2017, Favorite R&B Artist in 2016 and 2017, and Favorite Album in 2017.

Furthermore, Rihanna holds an impressive array of Guinness World Records, totaling six in number. These include distinctions such as Most Number-One Singles by a Female Artist, Most US Billboard Hot 100 Hits by a Female Artist, and Most Billboard Music Awards Won by a Female Artist.

The multitude of awards Rihanna has received serves as a testament to her exceptional talent, enduring success, and profound influence on popular music. She has undeniably become an iconic figure of her generation, continuously inspiring and captivating fans across the globe.

Acting and Television Pursuits

Rihanna’s debut in the film industry was marked by her appearance in the movie “Bring It On: All or Nothing” in August 2006, where she made a brief cameo as herself. Subsequently, she expanded her horizons by launching her own television show, “Styled to Rock,” in the United Kingdom in 2012. This success led her to introduce the American version of the show in 2013. In addition to her television endeavors, Rihanna has also delved into the world of cinema, showcasing her talent in notable films such as “Battleship” (2012), “Valerian and the City of a Thousand Planets” (2017), “Ocean’s 8” (2018), and “Guava Island” (2019). Furthermore, she lent her voice to the character Tip in the animated film “Home” in 2015 and even released a concept album soundtrack for the movie.

Business Empire/Billionaire

Rihanna has effectively leveraged her fame to establish a range of successful business ventures and partnerships. One notable collaboration occurred in 2015 when she inked a lucrative $25 million deal with Samsung to endorse their Galaxy product line. Additionally, she has collaborated with renowned brands such as Secret Body Spray, MAC Cosmetics, Budweiser, Armani, Dior, Cover Girl, Gucci, Clinique, and River Island. In 2014, Rihanna assumed the role of creative director for Puma’s fashion sportswear brand, overseeing the women’s line and releasing highly sought-after apparel and footwear collaborations. Furthermore, she holds co-ownership of Tidal’s music streaming service alongside prominent celebrities like Jay-Z, Madonna, and Kanye West.

In September 2017, Rihanna ventured into the cosmetics industry by launching Fenty Beauty in partnership with luxury goods manufacturer LVMH’s Kendo Brands. The brand achieved remarkable success, generating $100 million in revenue within its first two months and reaching a staggering $570 million in 2018. Based on a 7X revenue multiple, it is estimated that the brand’s total value could range from $2 to $3 billion. Reports indicate that Rihanna owns a 50% stake in the brand, which would translate to a pre-tax worth of $1-1.5 billion. Additionally, Rihanna co-owns the lingerie brand Savage X Fenty, which was established in 2018 and is currently valued at $1 billion. Her ownership stake in this brand amounts to 30%.

It is worth mentioning that Rihanna previously owned the fashion and accessories brand Fenty, which has since ceased operations. However, in July 2020, she introduced Fenty Skin, a skincare brand that further expands her entrepreneurial portfolio.

Philanthropy

Rihanna is renowned for her philanthropic efforts and is considered one of the most generous celebrities in the world. In the year 2020, she made a significant contribution of $8 million towards the coronavirus relief efforts. Her Clara Lionel Foundation has also donated over $2 million to support victims of abuse in Los Angeles and a staggering $5 million to various other charitable causes.

Personal Life

Rihanna has been involved in a number of high-profile relationships throughout her career. Notably, she had an on-and-off romance with rapper Drake from 2009 to 2016, as well as a relationship with Saudi businessman Hassan Jameel from 2017 to January 2020. However, her most well-known and controversial relationship was with rapper Chris Brown. In 2009, reports emerged that Brown had physically assaulted Rihanna, which was later confirmed by leaked photographs showing visible facial injuries. Brown faced legal consequences for his actions, including charges of felony assault and making criminal threats. He ultimately accepted a plea deal that resulted in community labor and five years of counseling. Despite the tumultuous nature of their relationship, Rihanna and Brown briefly reunited in 2013 for a few months.

Moving forward, Rihanna began dating Hassan Jameel in 2017 and their relationship lasted until January 2020. However, in May 2021, it was revealed that Rihanna had entered into a new relationship with rapper ASAP Rocky. The couple welcomed their first child together in May 2022. Additionally, during the halftime performance of Super Bowl LVII, Rihanna made the exciting announcement that she is pregnant with their second child.

Real Estate

In 2009, Rihanna made a purchase of a mansion in Beverly Hills for a staggering $6.9 million. This exquisite house boasted numerous features such as expansive glass windows, soaring ceilings, elegant wood floors, and a sleek, contemporary ambiance that perfectly suited the then 21-year-old singing sensation. Spanning across 10,000 square feet, the residence comprised eight bedrooms and ten bathrooms. The breathtaking views of the valley below, floor-to-ceiling windows, a spacious backyard with a pool, a tiled terrace, a stunning open-plan kitchen equipped with state-of-the-art fixtures, and a media room were just a few of the luxurious amenities that made this house the ultimate rock-star pad. Regrettably, the property was plagued by a significant water leakage issue, among other problems. In 2011, Rihanna decided to sell the seemingly possessed house at a considerably reduced price of $4.5 million. Concurrently, she filed a lawsuit, asserting that she had been informed of the home’s excellent condition during the purchase and was unaware of the structural issues. These issues included a strangely sloping balcony that directed rainwater directly into the house. Eventually, in 2012, she accepted an offer of $5.03 million for the property. The subsequent owner resolved the water problems and sold the mansion in 2014 for $7.6 million. In January 2016, John Legend and Chrissy Teigen acquired the mansion for a whopping $14.1 million. However, they listed the property for $22 million in 2021 and ultimately settled for $16.8 million a few months later. To provide a visual representation of this remarkable home, a video tour is available.

Between 2013 and 2017, Rihanna reportedly paid a monthly rent of $50,000 for a penthouse in Manhattan, New York. Subsequently, she relocated to England and rented a residence in West London for $20,000 per month.

In October 2014, Rihanna purchased a condominium in LA’s Century City neighborhood for $5.545 million.

In 2017, she acquired a home in the Hollywood Hills. Approximately a year after the purchase, she experienced a terrifying break-in incident. Six months later, she listed the property for sale at $7.5 million. Eventually, she began offering it as a rental, with prices reaching as high as $35,000 per month. In August 2022, she successfully sold this residence for $6.6 million.

Additionally, it has been reported